How should landlords invest in their rental property?<\/h3>\n\n\n\n
The following solutions can help to improve the energy efficiency and EPC rating of your rental property \u2013 helping you to attract loyal, reliable tenants at a higher market rate.<\/p>\n\n\n\n
1. Insulate your property<\/h5>\n\n\n\n\n\n
Insulating your rental property is one of the best ways to enhance the living environment and improve its EPC rating, by as many as 30 points if your home is EPC E or G rated<\/a>.<\/p>\n\n\n\nA cost-effective place to start is in the loft, where up to 25% of heat is lost.<\/strong><\/p>\n<\/div>\n\n\n\n\n![\"Insulate](\"http:\/\/www.goodenergy.co.uk\/wp-content\/uploads\/2024\/08\/219A1904-1400x933.jpg\")
<\/figure>\n<\/div>\n<\/div>\n\n\n\nInstalling insulation will make the property warmer and more comfortable for your tenants and lower their heating costs<\/a>. It can also help to prevent damp and mould \u2013 improving health and wellbeing and cutting your maintenance costs.<\/p>\n\n\n\n2. Install solar panels<\/h5>\n\n\n\n\n\n![\"Improve](\"https:\/\/www.goodenergy.co.uk\/business\/wp-content\/uploads\/sites\/2\/2024\/08\/DEC-EV-SOLAR-25-1280px-683x1024.jpg\")
<\/figure>\n<\/div>\n\n\n\n\nInstalling rooftop solar is a proven way to reduce monthly costs for tenants and to increase income from your rental property. You could price the reduced electricity cost into your rental agreement, helping to improve tenant loyalty.<\/p>\n\n\n\n
Households normally use 50% or less of the electricity<\/a> that is generated from a rooftop solar array; and anything they don\u2019t use, you would get paid for directly via an export tariff. We pay customers that install solar panels and a battery with Good Energy an exclusive rate of 40p per unit<\/a> exported to the grid for the first 12 months.<\/p>\n\n\n\nInstalling a 4kW solar panel array can add 10 – 15 points to your EPC rating <\/a> \u2013 bringing it up by a whole band.<\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n3. Install an air source heat pump<\/h5>\n\n\n\n\n\nIf you are due to replace an aging boiler in your rental property, then it\u2019s the perfect time to consider an air source heat pump.<\/p>\n\n\n\n
Heat pumps provide efficient, effective, low-carbon heating for properties of all ages and sizes. They are highly reliable and tend to last longer than traditional boilers, meaning you\u2019ll likely have lower ongoing maintenance fees; and running costs tend to be lower for tenants too<\/a>.<\/p>\n<\/div>\n\n\n\n\n![\"Heat](\"https:\/\/www.goodenergy.co.uk\/business\/wp-content\/uploads\/sites\/2\/2024\/08\/Heat-pump-July-2023_-323-x1280-1024x682.jpg\")
<\/figure>\n<\/div>\n<\/div>\n\n\n\nWith a government grant of \u00a37,500<\/a> available to help you with the upfront cost, you may be surprised to learn that it doesn\u2019t cost a lot more than a traditional boiler replacement either.<\/p>\n\n\n\nWhat grants are available to landlords wanting to improve their EPC rating?<\/h3>\n\n\n\n
At the moment the following grants are available to help homeowners to make energy efficiency improvements. It\u2019s possible that more will be added by our new Government to help landlords to achieve EPC C: <\/p>\n\n\n\n
\n- Boiler Upgrade Scheme<\/strong><\/a> \u2013 a \u00a37,500 grant to replace a fossil-fuel heating system with a heat pump, available to all UK homeowners.<\/li>\n\n\n\n
- Energy Company Obligation (ECO)<\/a> <\/strong>\u2013 if your tenants receive certain benefits, and your property is in EPC rated E-G.<\/li>\n\n\n\n
- The Great British Insulation Scheme<\/a><\/strong> \u2013 If your property is EPC D-G rated, and falls within council tax bands A-D.<\/li>\n<\/ul>\n\n\n\n
What are the benefits of landlords improving their EPC?<\/h3>\n\n\n\n
The benefits of making eco-friendly upgrades, such as insulation, solar panels and heat pumps, start immediately.<\/p>\n\n\n\n
Combined, these updates have the potential to improve your EPC rating by up to 3 bands <\/strong>(E \u2013 B for example). <\/p>\n\n\n\nThis helps you to attract reliable, respectful tenants that prioritise comfort, lower bills and low-carbon living and are willing to pay more for it<\/strong><\/a>.<\/p>\n\n\n\n <\/p>\n\n\n\n
\n\nImproving your EPC rating helps you to attract reliable tenants that will pay more for low carbon living.<\/p>\n<\/div>\n\n\n\n
\nEnergy efficiency improvements can improve your tenants\u2019 quality of life and cut their bills, reducing their likelihood of them leaving or refusing to pay.<\/p>\n\n\n\n
What\u2019s more, installing insulation or an air source heat pump can help you to reduce ongoing maintenance costs \u2013 such as boiler breakdowns or issues from damp and mould.<\/p>\n\n\n\n
And finally, when you do come to sell, eco-friendly upgrades will improve your property\u2019s saleability and value.<\/a><\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\nGood Energy specialise in home surveys, bespoke designs and professional installations to help landlords decarbonise their properties and add value to their portfolios.<\/strong><\/p>\n\n\n\nWe work with quality estate agents, including Smart Estate Agent in Exeter, offering exclusive discounts to make the installation of solar and heat pumps more attractive.<\/strong><\/p>\n\n\n\n<\/p>\n\n\n
A cost-effective place to start is in the loft, where up to 25% of heat is lost.<\/strong><\/p>\n<\/div>\n\n\n\n Installing insulation will make the property warmer and more comfortable for your tenants and lower their heating costs<\/a>. It can also help to prevent damp and mould \u2013 improving health and wellbeing and cutting your maintenance costs.<\/p>\n\n\n\n Installing rooftop solar is a proven way to reduce monthly costs for tenants and to increase income from your rental property. You could price the reduced electricity cost into your rental agreement, helping to improve tenant loyalty.<\/p>\n\n\n\n Households normally use 50% or less of the electricity<\/a> that is generated from a rooftop solar array; and anything they don\u2019t use, you would get paid for directly via an export tariff. We pay customers that install solar panels and a battery with Good Energy an exclusive rate of 40p per unit<\/a> exported to the grid for the first 12 months.<\/p>\n\n\n\n Installing a 4kW solar panel array can add 10 – 15 points to your EPC rating <\/a> \u2013 bringing it up by a whole band.<\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n If you are due to replace an aging boiler in your rental property, then it\u2019s the perfect time to consider an air source heat pump.<\/p>\n\n\n\n Heat pumps provide efficient, effective, low-carbon heating for properties of all ages and sizes. They are highly reliable and tend to last longer than traditional boilers, meaning you\u2019ll likely have lower ongoing maintenance fees; and running costs tend to be lower for tenants too<\/a>.<\/p>\n<\/div>\n\n\n\n With a government grant of \u00a37,500<\/a> available to help you with the upfront cost, you may be surprised to learn that it doesn\u2019t cost a lot more than a traditional boiler replacement either.<\/p>\n\n\n\n At the moment the following grants are available to help homeowners to make energy efficiency improvements. It\u2019s possible that more will be added by our new Government to help landlords to achieve EPC C: <\/p>\n\n\n\n The benefits of making eco-friendly upgrades, such as insulation, solar panels and heat pumps, start immediately.<\/p>\n\n\n\n Combined, these updates have the potential to improve your EPC rating by up to 3 bands <\/strong>(E \u2013 B for example). <\/p>\n\n\n\n This helps you to attract reliable, respectful tenants that prioritise comfort, lower bills and low-carbon living and are willing to pay more for it<\/strong><\/a>.<\/p>\n\n\n\n <\/p>\n\n\n\n Improving your EPC rating helps you to attract reliable tenants that will pay more for low carbon living.<\/p>\n<\/div>\n\n\n\n Energy efficiency improvements can improve your tenants\u2019 quality of life and cut their bills, reducing their likelihood of them leaving or refusing to pay.<\/p>\n\n\n\n What\u2019s more, installing insulation or an air source heat pump can help you to reduce ongoing maintenance costs \u2013 such as boiler breakdowns or issues from damp and mould.<\/p>\n\n\n\n And finally, when you do come to sell, eco-friendly upgrades will improve your property\u2019s saleability and value.<\/a><\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n Good Energy specialise in home surveys, bespoke designs and professional installations to help landlords decarbonise their properties and add value to their portfolios.<\/strong><\/p>\n\n\n\n We work with quality estate agents, including Smart Estate Agent in Exeter, offering exclusive discounts to make the installation of solar and heat pumps more attractive.<\/strong><\/p>\n\n\n\n <\/p>\n\n\n
Insulating your rental property is one of the best ways to enhance the living environment and improve its EPC rating, by as many as 30 points if your home is EPC E or G rated<\/a>.<\/p>\n\n\n\n<\/figure>\n<\/div>\n<\/div>\n\n\n\n2. Install solar panels<\/h5>\n\n\n\n
<\/figure>\n<\/div>\n\n\n\n3. Install an air source heat pump<\/h5>\n\n\n\n
<\/figure>\n<\/div>\n<\/div>\n\n\n\nWhat grants are available to landlords wanting to improve their EPC rating?<\/h3>\n\n\n\n
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What are the benefits of landlords improving their EPC?<\/h3>\n\n\n\n